Bitcoin, Ethereum, Dogecoin fall sharply: Analysts fear 'ugly plunge' with BTC, ETH testing $10K, $600 levels
Bitcoin, Ethereum, Dogecoin fall sharply: Analysts fear 'ugly plunge' with BTC, ETH testing $10K, $600 levels
Bitcoin has not retested this level as resistance, but if it does and rejects back down, this would be a very bearish signal. This is because it would be the first time that this level has been broken on a long-time frame and could suggest an extended bear market is on the horizon." $Bitcoin(BTC.CC)$ traded below the psychologically important $20,000 mark Thursday evening as the global cryptocurrency market cap slid 4.1% to $859.3 billion at press time.
$比特币(BTC.CC)$周四晚间，全球加密货币市值下跌4.1%，至8593亿美元，跌破2万美元的重要心理关口。
| Coin | 24-hour | 7-day | Price |
|---|---|---|---|
| Bitcoin (CRYPTO: BTC) | -4.2% | -8.7% | $19,256.84 |
| Ethereum (CRYPTO: ETH) | -5.75% | -9.5% | $1,034.93 |
| Dogecoin (CRYPTO: DOGE) | -4.4% | 2.55% | $0.065 |
| 钱币 | 24小时 | 7天 | 价格 |
|---|---|---|---|
| 比特币(密码：BTC) | -4.2% | -8.7% | $19,256.84 |
| 以太(加密：ETH) | -5.75% | -9.5% | $1,034.93 |
| 道格考因(Dogecoin)(密码：Doge) | -4.4% | 2.55% | $0.065 |
| Cryptocurrency | 24-Hour % Change (+/-) | Price |
|---|---|---|
| Convex Finance (CVX) | +19.75% | $4.31 |
| Amp (AMP) | +14.8% | $0.0098 |
| Arweave (AR) | +6.5% | $9.61 |
| 加密货币 | 24小时百分比更改(+/-) | 价格 |
|---|---|---|
| 凸金融(CVX) | +19.75% | $4.31 |
| 安培(AMP) | +14.8% | $0.0098 |
| Arweave(AR) | +6.5% | $9.61 |
Why It Matters: Bitcoin traded below its 200-day simple moving average on Thursday, noted GlobalBlock analyst Marcus Sotiriou.
为什么这很重要：比特币周四的交易价格低于200日简单移动均线全球区块分析员马库斯·索蒂里奥。
Bitcoin has not retested this level as resistance, but if it does and rejects back down, this would be a very bearish signal. This is because it would be the first time that this level has been broken on a long-time frame and could suggest an extended bear market is on the horizon."
- said Sotiriou in a note, seen by Benzinga.
比特币尚未重新测试这一水平作为阻力，但如果它再次测试并拒绝回落，这将是一个非常悲观的信号。这是因为这将是首次在长期框架内突破这一水平，并可能表明长期熊市即将到来。
-Sotiriou在一张纸条上说，Benzinga看到了这张纸条。
On Thursday, the U.S. Securities and Exchange Commission rejected Grayscale's proposal to convert $Grayscale Bitcoin Trust(GBTC.US)$ into a spot Bitcoin exchange-traded fund. This was the "straw" that broke the $20,000 level's back, according to Edward Moya, a senior market analyst with OANDA.
周四，美国美国证券交易委员会拒绝了GrayScale的转换建议$灰度比特币信托(GBTC.US)$变成现货比特币交易所交易基金。这是打破2万美元关口的“稻草”。爱德华·莫亚，高级市场分析师OANDA.
Negative crypto headlines have been nonstop and fresh concerns that the regulatory environment will be rather harsh going forward has really kept sentiment down."
- said Moya.
负面的密码头条新闻一直在不停地出现，对未来监管环境将相当苛刻的新担忧确实压低了人们的情绪。
--莫亚说。
If the bloodbath on Wall Street remains the theme in the third quarter, Bitcoin could be vulnerable to one more ugly plunge that could have many traders fearing a fall towards the $10,000 area."
如果华尔街的大屠杀仍然是第三季度的主题，比特币可能会更容易受到另一场丑陋的暴跌的影响，这可能会让许多交易员担心比特币会跌向1万美元的区域。
Cryptocurrency trader Michaël van de Poppe pointed to the upcoming U.S. core consumer price index numbers, which he said would be "decisive for stock markets, and probably crypto."
加密货币交易员米夏埃尔·范德波普他指出，即将公布的美国核心消费者物价指数数据将“对股市起决定性作用，而且可能是令人费解的。”
Van de Poppe painted a bullish picture for the apex coin on Thursday and said it "makes you think" when you see more and more calls for Bitcoin towards the $10,000 mark.
周四，范德波普描绘了一幅看涨比特币的图景，他表示，当你看到越来越多的比特币呼声接近1万美元大关时，这会让你感到“不知所措”。
Fellow trader Justin Bennett noted that the S&P 500 breakdown overnight dragged Bitcoin below the $20,000 mark. He expects the U.S. benchmark index to find support at the 3,700 level but ultimately to slip down to 3,640 and 3,400 levels.
同行交易员贾斯汀·班尼特指出，标准普尔500指数一夜之间的暴跌拖累比特币跌破2万美元大关。他预计美国基准指数将在3,700点找到支撑，但最终将下滑至3,640和3,400点。
"More pain is coming," said Bennett in a tweet.
贝内特在推特上说：“更多的痛苦还在后头。”
The $S&P 500 index(.SPX.US)$ closed 0.9% lower at 3,785.38 on Thursday, while the $Nasdaq Composite Index(.IXIC.US)$ ended 1.3% lower at 11,028.74.
这个$标准普尔500指数(.SPX.US)$周四收盘下跌0.9%，至3785.38点，而$纳斯达克综合指数(.IXIC.US)$收盘下跌1.3%，至11,028.74点。
Santiment tweeted that $XRP(XRP.CC)$, a coin associated with Ripple Inc, is "holding up" better than most altcoins. The market intelligence platform said that the XRP network "exploded with unique addresses interacting" on it, which exceeded 200,000 for the first time since February 2020.
圣诞老人在推特上说$XRP(XRP.CC)$，一种与之相关的硬币涟漪公司，比大多数替代币更“坚挺”。该市场情报平台表示，XRP网络上的唯一地址互动呈爆炸式增长，自2020年2月以来首次超过20万。
On the Ethereum side, chartist Ali Martinez said the second-largest coin by market cap is at "risk of a steep correction." Martinez pointed to transaction history and said that 468,000 addresses with more than 7 million ETH are now underwater and could exit positions.
在以太方面，海图学家Ali·马丁内斯他说，按市值计算，这枚世界第二大硬币面临着“大幅回调的风险”。马丁内斯指出了交易历史，并表示，46.8万个ETH超过700万的地址现在处于水下，可能会退出头寸。
A spike in selling pressure could trigger a downswing to $700 or even $600."
- said Martinez.
卖压的激增可能引发下跌至700美元，甚至600美元。
--马丁内斯说。
